EU-US trade tariffs in figures
1 week, 6 days ago

EU-US trade tariffs in figures

Hindustan Times  

Harley Davidson motorbikes and tomato ketchup were on the list of countermeasures the European Union has announced after US President Donald Trump's blanket tariffs on steel and aluminium imports. The EU garnered around three billion euros in customs duties on US imports in 2023, the Commission said, while the United States earned seven billion euros from its imports from the EU. Only one percent of American exports to the EU were subject in 2023 to custom duties higher than 10 percent, according to the WTO's "Tariff analysis online". According to the WTO, in 2023 Harley-Davidson motorbikes faced six percent customs duties on arrival in the EU. The EU has warned that boats, which faced in 2023 less than five percent customs duties, and bourbon, not taxed at the moment, could be the next in the EU's firing line.

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History of this topic

India to cut levies on more than half of US imports as Trump's reciprocal tariffs deadline nears: Report
Top News
1 day ago

India to cut levies on more than half of US imports as Trump's reciprocal tariffs deadline nears: Report

Firstpost  

Under a new trade deal between India and the US, New Delhi is open to reducing tariffs on 55 per cent of US goods it imports that are now subject to tariffs ranging from 5 per cent to 30 per cent U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference …

India Considers Lowering Taxes On US Imports, As It Tries To Manage Impact Of Reciprocal Tariffs: Report
Trending News
1 day, 2 hours ago

India Considers Lowering Taxes On US Imports, As It Tries To Manage Impact Of Reciprocal Tariffs: Report

ABP News  

India is considering reducing tariffs on more than half of US imports, valued at $23 billion, as part of the first phase of a proposed trade deal aimed at countering the impact of upcoming US reciprocal tariffs, Reuters reported citing two official sources. According to an internal assessment by New Delhi, the new US tariffs, set to take effect on …

EU delays retaliatory trade action to mid-April to work out the impact of Trump’s reciprocal tariffs
Trending News
5 days, 13 hours ago

EU delays retaliatory trade action to mid-April to work out the impact of Trump’s reciprocal tariffs

Associated Press  

BRUSSELS — The European Union is delaying until mid-April its retaliatory trade action over the Trump administration’s increase in tariffs on all steel and aluminum imports to 25%, senior officials said Thursday. But U.S. President Donald Trump also plans to impose “reciprocal” tariffs by increasing U.S. duties to match the tax rates that other countries charge on imports “for purposes …

Donald Trump expects India to cut tariffs on US products, but ‘will charge them same tariffs from April 2’
6 days, 7 hours ago

Donald Trump expects India to cut tariffs on US products, but ‘will charge them same tariffs from April 2’

Hindustan Times  

US President Donald Trump, in an interview with Breitbart News on Wednesday, said he believes India would reduce tariffs on American goods, news agency Reuters reported. During Prime Minister Narendra Modi's visit to Washington last month, India and the U.S. pledged to more than double their bilateral trade to USD 500 billion by 2030. India, US commit to doubling two-way …

Europe delays tariffs on US goods, including whiskey
Trending News
6 days, 13 hours ago

Europe delays tariffs on US goods, including whiskey

CNN  

CNN — Summary The European Union is delaying retaliatory tariffs on American goods, including whiskey, until April 13, pending negotiations with the United States. “The change represents a slight adjustment to the timeline and does not diminish the impact of our response.” President Donald Trump has said that as of April 2, a slew of new tariffs will be announced …

Dutch Customs overwhelmed as U.S.-EU trade war escalates
6 days, 13 hours ago

Dutch Customs overwhelmed as U.S.-EU trade war escalates

NL Times  

Dutch Customs are bracing for additional strain as a looming trade war between the European Union and the United States threatens to further overwhelm an already overstretched system, BNR reports. The introduction of tariffs on U.S. products, set to take effect in April, will only increase the burden, a customs spokesperson told BNR. “Every additional measure puts further pressure on …

US-EU tariff clash puts at risk business worth $9.5 trillion, warns trade body
1 week, 2 days ago

US-EU tariff clash puts at risk business worth $9.5 trillion, warns trade body

Hindustan Times  

The US-European tariff conflict is jeopardising transatlantic business worth $9.5 trillion annually, the American Chamber of Commerce to the EU warned on Monday. AmCham EU, whose more than 160 members include Apple, ExxonMobil and Visa, showed in its annual Transatlantic Economy report a deepening relationship hitting records in 2024, such as goods and services trade of $2 trillion. The report's …

Dutch exporters rush shipments to U.S. amid fears of Trump tariffs
1 week, 4 days ago

Dutch exporters rush shipments to U.S. amid fears of Trump tariffs

NL Times  

Dutch companies are accelerating exports to the United States in anticipation of steep import tariffs proposed by Donald Trump. Since the start of the year, KLM Cargo has reported unusually high volumes of shipments to the U.S. "There is already a significant buildup in American warehouses," said a spokesperson for Evofenedex, a trade association representing Dutch exporters. The Dutch Customs …

Tesla Tells Trump Administration It’s Worried About Tariff Trade Wars
1 week, 4 days ago

Tesla Tells Trump Administration It’s Worried About Tariff Trade Wars

Huff Post  

LOADING ERROR LOADING Electric car company Tesla is asking President Donald Trump’s administration to “consider the downstream impacts” of retaliatory tariffs in Trump’s trade war with multiple countries. The March 11 letter to the U.S. Trade Representative’s Office, which is reportedly unsigned but on the company letterhead, warned that Trump’s tariffs ― including a 25% tariff on all steel and …

'Will not give in to threats': France vows to take action against Trump's 200% tariff threat
1 week, 5 days ago

'Will not give in to threats': France vows to take action against Trump's 200% tariff threat

Firstpost  

Trump, in an apparent move that will trigger a global trade war, announced on Truth Social that the US will levy a 200 per cent duty on EU-made alcoholic drinks after the bloc said it will impose counter-tariffs on 26 billion euros worth of US goods from next month France has vowed to fight back against the US President’s recently …

Trump threatens EU with 200% tariffs on alcohol beverages
1 week, 6 days ago

Trump threatens EU with 200% tariffs on alcohol beverages

Firstpost  

US President Donald Trump has threatened to impose 200% tariffs on European wines, champagnes, and all other alcohols, in retaliation to European Union’s tariffs on US goods US President Donald Trump arrives at the White House in Washington, D.C., U.S., February 19, 2025. If the European Union does not retract 50 per cent tariff on US whisky, US President Donald …

Trump threatens EU with 200% tariffs on alcohol beverages
1 week, 6 days ago

Trump threatens EU with 200% tariffs on alcohol beverages

Firstpost  

US President Donald Trump has threatened to impose 200% tariffs on European wines, champagnes, and all other alcohols, in retaliation to European Union’s tariffs on US goods US President Donald Trump arrives at the White House in Washington, D.C., U.S., February 19, 2025. If the European Union does not retract 50 per cent tariff on US whisky, US President Donald …

Trump Threatens To Escalate Global Trade War After EU Announces ‘Counter Measures’ Over Tariffs
Trending News
1 week, 6 days ago

Trump Threatens To Escalate Global Trade War After EU Announces ‘Counter Measures’ Over Tariffs

ABP News  

US President Donald Trump threatened to escalate the global trade war with further tariffs on European Union goods if the EU plans to follow through with its planned counter-tariffs up to €26 billion on certain US products next month. Trump said he would impose additional penalties if the EU follows through with its plan to enact counter-tariffs on some US …

Global trade war on the cards? Donald Trump warns of more tariffs on EU as trading partners trudge cautiously
1 week, 6 days ago

Global trade war on the cards? Donald Trump warns of more tariffs on EU as trading partners trudge cautiously

Live Mint  

US President Donald Trump's push to impose tariffs on trading partners may escalate a global trade war after he warned of slapping further tariffs on European Union goods, Reuters reported. This comes after major US trading partners said they would take retaliatory steps to counter trade barriers already erected by the US. In case EU follows through with its plan …

Trump threatens a 200% tariff on European alcohol
Top News
1 week, 6 days ago

Trump threatens a 200% tariff on European alcohol

NPR  

Trump threatens a 200% tariff on European alcohol toggle caption Andrew Medichini/AP In an escalation of the ongoing trade war with Europe, President Trump is now threatening a 200% tariff on European alcohol in response to the European Union's retaliation against U.S. steel and aluminum tariffs. "The U.S.-EU spirits sector is the model for fair and reciprocal trade, having zero-for-zero …

Canada, EU swiftly hit back at Trump’s steel and aluminum tariffs—what happens next?
1 week, 6 days ago

Canada, EU swiftly hit back at Trump’s steel and aluminum tariffs—what happens next?

New Indian Express  

BRUSSELS: Major trade partners swiftly hit back at President Donald Trump's increased tariffs on aluminum and steel imports, imposing stiff new taxes on US products from textiles and water heaters to beef and bourbon. Canada, the largest supplier of steel and aluminum to the US, said Wednesday it will place 25% reciprocal tariffs on steel products and also raise taxes …

Europe strikes back at Trump with levies on US goods worth $26 bn as his metal tariffs takes effect
2 weeks ago

Europe strikes back at Trump with levies on US goods worth $26 bn as his metal tariffs takes effect

Firstpost  

Trump’s second presidency translated into bigger tariffs for the EU, much bigger than what he levied from the bloc during his last term. The fresh duties are nearly four times the size of tariffs the president had imposed in his previous term A picture shows a redundant steel press at the Blaunau Gwent Learning Zone, Coleg Gwent, built on the …

Canada And The EU Swiftly Retaliate Against Trump's Steel And Aluminum Tariffs
2 weeks ago

Canada And The EU Swiftly Retaliate Against Trump's Steel And Aluminum Tariffs

Huff Post  

LOADING ERROR LOADING BRUSSELS — Major trade partners swiftly hit back at President Donald Trump’s increased tariffs on aluminum and steel imports, imposing stiff new taxes on U.S products from textiles and water heaters to beef and bourbon. Canada, the largest supplier of steel and aluminum to the U.S., said Wednesday it will place 25% reciprocal tariffs on steel products …

EU goes on the attack in trade war with Trump: Brussels announces tariffs on US products in response to 25% import duties, risking further anger from White House
2 weeks ago

EU goes on the attack in trade war with Trump: Brussels announces tariffs on US products in response to 25% import duties, risking further anger from White House

Daily Mail  

The European Union on Wednesday announced retaliatory trade action with a series of duties on US industrial and agricultural products that will go into effect from April 1. The EU measures will cover goods from the United States worth some 26 billion euros, and not just steel and aluminium products, but also textiles, home appliances and agricultural goods. President Donald …

EU hits back at Donald Trump’s steel tariffs, imposes retaliatory 25% on US steel and aluminium products from April 1
2 weeks ago

EU hits back at Donald Trump’s steel tariffs, imposes retaliatory 25% on US steel and aluminium products from April 1

Live Mint  

The The European Union on March 12 announced retaliatory trade measures in after United States President Donald Trump hiked tariffs on imported steel and aluminum products to 25 per cent, according to an AP report. This comes after the Donald Trump administration officially raised tariffs on all steel and aluminum imports to 25 per cent. The EU's countermeasures, worth 26 …

EU responds to Trump with own tariff hike on €26 billion worth of American exports
2 weeks ago

EU responds to Trump with own tariff hike on €26 billion worth of American exports

NL Times  

The European Commission has announced that it is introducing its own import duties on American products in response to Donald Trump’s 25 percent import tariffs on European steel and aluminum, which took effect on Wednesday. The European Union’s tariff hikes will apply to up to 26 billion euros in American goods exports and will take effect in two steps. In …

The European Union retaliates after the U.S. metals tariffs take hold
2 weeks ago

The European Union retaliates after the U.S. metals tariffs take hold

NPR  

The European Union retaliates after the U.S. metals tariffs take hold toggle caption Pascal Bastien/AP BRUSSELS — The European Union on Wednesday announced retaliatory trade action with a series of duties on U.S. industrial and agricultural products that will go into effect from April 1, responding to the Trump administration increase in tariffs on all steel and aluminum imports to …

EU announces counter tariffs on US primarily targeting Republican states
2 weeks ago

EU announces counter tariffs on US primarily targeting Republican states

India Today  

The European Union on Wednesday announced retaliatory trade action with new duties on US industrial and farm products, responding within hours to the Trump administration's increase in tariffs on all steel and aluminium imports to 25%. The EU measures will cover goods from the United States worth some 26 billion euros, and not just steel and aluminum products, but also …

'India-US Trade Deal Aims To Reduce Tariffs, Increase Market Access': MEA After Trump’s Remarks
2 weeks, 4 days ago

'India-US Trade Deal Aims To Reduce Tariffs, Increase Market Access': MEA After Trump’s Remarks

ABP News  

The Ministry of External Affairs on Friday said the proposed India-US trade agreement seeks to lower tariff and non-tariff barriers, expand market access, and strengthen supply chain integration. Responding to a question regarding the Trump administration’s remarks on retaliatory tariffs against India, Jaiswal also highlighted Union Commerce Minister Piyush Goyal’s recent visit to the US as part of ongoing efforts …

Big chunk of North American trade remains exposed to tariffs
2 weeks, 5 days ago

Big chunk of North American trade remains exposed to tariffs

Live Mint  

President Trump on Thursday suspended for one month the 25% tariffs he placed on Mexican and Canadian products earlier this week. Generally speaking, under the USMCA, which took effect during Trump’s first term, products enter the U.S. duty-free if businesses can show they comply with certain rules regarding the origins of those products’ components. The analytics firm Trade Partnership Worldwide …

US import tariffs will hit Dutch exports, slow economic growth
2 weeks, 6 days ago

US import tariffs will hit Dutch exports, slow economic growth

Dutch News  

A US tariff of 25% on all EU imports would reduce Dutch GDP over the next two years, according to Rabobank economists. If the United States spares the EU from tariffs entirely, Dutch GDP growth is expected to reach 1.7% in 2025 and 1.2% in 2026, the bank said in its latest quarterly update. However, I do want to emphasise …

India-U.S. trade: Small exporters seek import duty cuts to counter U.S. steel, aluminium tariffs
2 weeks, 6 days ago

India-U.S. trade: Small exporters seek import duty cuts to counter U.S. steel, aluminium tariffs

The Hindu  

India's small engineering goods exporters have urged the government to cut import tariffs on some U.S. goods to try and achieve more favourable trade terms as President Donald Trump prepares to implement new steel and aluminium duties, the head of an industry body said. "Of India's $20 billion annual engineering goods exports, nearly $7.5 billion worth of shipments could be …

India's small exporters seek import duty cuts to counter US steel, aluminium tariffs
2 weeks, 6 days ago

India's small exporters seek import duty cuts to counter US steel, aluminium tariffs

Hindustan Times  

* India's small exporters seek import duty cuts to counter US steel, aluminium tariffs India's engineering to be hit by US tariffs, says trade body * Exporters ask government to cut tariffs on certain US imports * US 25% tariffs on steel, aluminium effective March 12 By Manoj Kumar NEW DELHI, - India's small engineering goods exporters have urged the …

Trump’s trade war is back on. Here’s how tariffs could hit your wallet
3 weeks ago

Trump’s trade war is back on. Here’s how tariffs could hit your wallet

LA Times  

President Trump speaks in the Roosevelt Room of the White House in Washington on March 3. How Trump’s trade war could hit your wallet After earlier threats and a last-minute pause in February, President Trump’s North American trade war has begun while the tariff battle with China escalated. “Californians are the nation’s top consumer of Mexican avocados, importing $602 million …

How Trump's Tariffs Will Disrupt Key Industries in Mexico
55 years, 2 months ago

How Trump's Tariffs Will Disrupt Key Industries in Mexico

Wired  

The US government has imposed tariffs of 25 percent on all imports from Mexico and Canada. Even before the confirmation that the tariffs went into effect on March 4, Marcelo Ebrard, head of the Mexican Ministry of Economy, warned that these taxes would represent an approximate cost of $20.5 billion dollars for about 89 million American families. Mexico's National Auto …

Here’s what tariffs are and how they work
3 weeks, 1 day ago

Here’s what tariffs are and how they work

Associated Press  

WASHINGTON — Tariffs are in the news at the moment. Before the U.S. began imposing 25% tariffs on good from Canada and Mexico as of Tuesday, most goods moved between the United States and those countries tariff-free because of President Donald Trump’s U.S.-Mexico-Canada trade agreement. The European Union, for example, punched back against Trump’s tariffs on steel and aluminum by …

Here’s what tariffs are and how they work
3 weeks, 1 day ago

Here’s what tariffs are and how they work

LA Times  

Trucks enter the United States from Ontario, Canada, across the Ambassador Bridge in Detroit. Before the U.S. began imposing 25% tariffs on good from Canada and Mexico as of Tuesday, most goods moved between the United States and those countries tariff-free because of President Trump’s U.S.-Mexico-Canada trade agreement. The European Union, for example, punched back against Trump’s tariffs on steel …

What will cost Americans more from sweeping tariffs on Mexico, China and Canada
3 weeks, 1 day ago

What will cost Americans more from sweeping tariffs on Mexico, China and Canada

CNN  

CNN — American consumers and businesses stand to pay a hefty price for the tariffs President Donald Trump enacted on the nation’s top three trading partners. Americans won’t necessarily feel the full effects of tariffs immediately but the import taxes could raise prices of just about everything, especially given that over 40% of the goods America imported last year came …

How will Trump’s tariffs impact Mexico and Canada’s exports?
3 weeks, 1 day ago

How will Trump’s tariffs impact Mexico and Canada’s exports?

Al Jazeera  

Tariffs of 25 percent on Mexican and Canadian goods came into effect on Tuesday. The 25 percent US tariff on Mexican and Canadian exports could raise costs, reduce trade, lead to job losses, create economic uncertainty and trigger retaliatory tariffs, escalating a trade war. According to the Observatory of Economic Complexity, Mexico’s main exports to the US in 2023 were: …

Trump to slap EU with 25% tariffs, bloc vows to ‘vigorously’ fight back
3 weeks, 5 days ago

Trump to slap EU with 25% tariffs, bloc vows to ‘vigorously’ fight back

The Hindu  

The European Union on Thursday pushed back hard against allegations by U.S. President Donald Trump that the 27-nation bloc was out to get the United States and warned that it would vigorously fight any wholesale tariff of 25% on all EU products. Thursday's EU pushback came after Mr. Trump told reporters that “the European Union was formed in order to …

EU pushes back hard against Trump tariff threats and his caustic comments that bloc is out to get US
3 weeks, 6 days ago

EU pushes back hard against Trump tariff threats and his caustic comments that bloc is out to get US

Associated Press  

▶ Follow live updates on President Donald Trump and his new administration. BRUSSELS — The European Union on Thursday pushed back hard against allegations by U.S. President Donald Trump that the 27-nation bloc was out to get the United States, and warned that it would vigorously fight any wholesale tariff of 25% on all EU products. Thursday’s EU pushback came …

Trump threatens 25% reciprocal tariff on EU Cars, bloc vows to 'react firmly and immediately'
Trending News
3 weeks, 6 days ago

Trump threatens 25% reciprocal tariff on EU Cars, bloc vows to 'react firmly and immediately'

Firstpost  

‘They don’t accept our cars. They don’t accept, essentially, our farm products,’ Trump said, adding that the EU was created ‘in order to screw the United States.’ The bloc has been among US’ closest allies US President Donald Trump has promised 25 per cent tariffs on European Union. Reuters US President Donald Trump said Wednesday that his administration plans to …

US to announce 25% tariff on imports from European Union 'very soon': Trump
3 weeks, 6 days ago

US to announce 25% tariff on imports from European Union 'very soon': Trump

India Today  

President Donald Trump said Wednesday that the European Union was born to "screw" the US, laying bare his hostility to the long-time US partner as he detailed new tariffs. "Look, let's be honest, the European Union was formed in order to screw the United States," Trump told reporters as he gathered his cabinet for the first time. Former Swedish Prime …

Trump threatens 25% tariffs on EU, claims bloc was formed to ‘screw’ US
3 weeks, 6 days ago

Trump threatens 25% tariffs on EU, claims bloc was formed to ‘screw’ US

Al Jazeera  

European Commission says it will react ‘firmly and immediately’ against unjustified trade barriers. United States President Donald Trump has said he will impose a 25 percent tariff on imports from the European Union, claiming that the bloc was created to “screw” his country. “Look, let’s be honest, the European Union was formed in order to screw the United States,” Trump …

Tech, auto, medicines: who will pay Donald Trump's tariffs?
1 month ago

Tech, auto, medicines: who will pay Donald Trump's tariffs?

Raw Story  

by Marie-Morgane LE MOEL / with AFP bureaus After steel and aluminum, U.S. President Donald Trump has set his sights on slapping 25 percent tariffs on semiconductors, cars and pharmaceuticals. The United States exported $70 billion of electronic components last year, but imported double that amount, according to the US Commerce Department. Taiwanese President Lai Ching-te said last week that …

US Tariffs Threaten Indian Exports Across Sectors
1 month ago

US Tariffs Threaten Indian Exports Across Sectors

Deccan Chronicle  

Chennai: If reciprocal tariffs by the US come into effect, pharmaceuticals are likely to face 10.9 per cent tariff, diamonds and jewellery 13.3 per cent, and electronics 7.2 per cent. Indian pharmaceutical exports to the US valued $12.7 billion currently face 0.01 tariff, while $567 million worth imports from the US face 10.91 per cent tariffs, resulting in a tariff …

Unfair? Figures belie Trump's claims on EU trade balance
1 month ago

Unfair? Figures belie Trump's claims on EU trade balance

Raw Story  

President Donald Trump repeatedly claims that U.S.-EU trade ties are unfair and that Europe is abusing the United States as justification for threatening tariffs. He slams the 10 percent customs duties in the EU on cars imported from the United States, comparing it to the 2.5 percent Washington imposes on Europe's cars. "We are at low levels even if the …

US' new tariffs worsen global prospects
1 month ago

US' new tariffs worsen global prospects

China Daily  

US President Donald Trump sits in the Oval Office of the White House, as he signs executive orders, in Washington, US, January 23, 2025. After US President Donald Trump's first punitive tariffs targeted the United States' major trade partners — Mexico, Canada and China — tariff threats are shifting to the European Union, even the rest of the world. Half …

US' new tariffs worsen global prospects
1 month ago

US' new tariffs worsen global prospects

China Daily  

US President Donald Trump sits in the Oval Office of the White House, as he signs executive orders, in Washington, US, January 23, 2025. After US President Donald Trump's first punitive tariffs targeted the United States' major trade partners — Mexico, Canada and China — tariff threats are shifting to the European Union, even the rest of the world. Half …

US' new tariffs worsen global prospects
1 month ago

US' new tariffs worsen global prospects

China Daily  

US President Donald Trump sits in the Oval Office of the White House, as he signs executive orders, in Washington, US, January 23, 2025. After US President Donald Trump's first punitive tariffs targeted the United States' major trade partners — Mexico, Canada and China — tariff threats are shifting to the European Union, even the rest of the world. Half …

US' new tariffs worsen global prospects
1 month ago

US' new tariffs worsen global prospects

China Daily  

US President Donald Trump sits in the Oval Office of the White House, as he signs executive orders, in Washington, US, January 23, 2025. After US President Donald Trump's first punitive tariffs targeted the United States' major trade partners — Mexico, Canada and China — tariff threats are shifting to the European Union, even the rest of the world. Half …

U.S. now the third biggest importer of Dutch steel; €700 million euros worth in 2024
1 month ago

U.S. now the third biggest importer of Dutch steel; €700 million euros worth in 2024

NL Times  

The Netherlands exported 700 million euros worth of steel to the United States in the first three quarters of 2024. The export value of the steel to the U.S. was 27 percent higher than the previous year, Statistics Netherlands reported. This led to the U.S. rising to third place in the most important export destinations for Dutch steel, with a …

Trump says U.S. auto tariffs to be around 25%
1 month, 1 week ago

Trump says U.S. auto tariffs to be around 25%

Raw Story  

U.S. President Donald Trump expanded his offensive against trading partners on Tuesday, threatening 25 percent tariffs on imported cars, and similar or higher duties on pharmaceuticals and semiconductors. Asked about threatened tariffs on pharmaceuticals and chips, Trump said: "It'll be 25 percent and higher, and it'll go very substantially higher over course of a year." Yoshimasa Hayashi, Tokyo's top government …

Trump is scrambling global automakers’ reliance on America
1 month, 1 week ago

Trump is scrambling global automakers’ reliance on America

Live Mint  

Facing intense competition in China and heavy regulation in Europe, overseas automakers were counting on the U.S. to keep their engines humming. The European Union’s 10% tariff on imported cars, compared with an equivalent 2.5% U.S. tariff, was one example of “lack of reciprocity" cited by the White House when announcing the reciprocal-tariff plan. On earnings calls last week, Honda …

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